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QMI1500 ASSESSMENT 3 SEM 1 OF 2025 EXPECTED QUESTIONS AND ANSWERS

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THIS DOCUMENT CONTAINS QMI1500 ASSESSMENT 3 SEM 1 OF 2025 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE TO SCORE ABOVE 75%

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QMI1500-25-S1  Welcome Message  Assessment 3


QUIZ OSCAR THE TUTOR

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Question 1 TAX QMI FIN INV BNU
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The number of days sick leave taken by the employees of a large company was recorded for the year 2013. The data
are summarised in the following box-and-whiskers diagram:




Considering the period January to June 2013. The first, second and third quartiles of the data are


Select one:

a. Q 1 = 36, Q 2 = 49 and Q 3 = 62.


b. Q 1 = 32, Q 2 = 33 and Q 3 = 65.


c. Q 1 = 32, Q 2 = 55 and Q 3 = 65.


d. Q 1 = 12, Q 2 = 55 and Q 3 = 95.

, QMI1500-25-S1  Welcome Message  Assessment 3
OSCAR THE TUTOR

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QMI FIN INV BNU STA tutori

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Consider the following list of employees at a small real estate agency:




Divide the employees by gender into two strata. If a stratified random sample of eight employees must be selected,
the number of female employees in the sample will be


Select one:

a. 5.


b. 2.


c. 1.


d. 3.

, QMI1500-25-S1  Welcome Message  Assessment 3


QUIZ




Question 3
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Tumelo has just started a new job and wants to buy a car that costs R232 000 . He visits the Unity Bank, where he
can arrange a loan with an interest rate of 15,7% per annum compounded half-yearly. Tumelo has enough money
saved to pay a deposit of R50 000 . He arranges a loan for the balance of the payment, which is to be paid over a
period of six years in equal payments at the end of every half year.

The interest due at the end of the 18th month is




Select one:

a. R11 254,91.


b. R150 633,25.


c. R11 824,71.


d. R12 708,22.



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